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Okeechobee 34972
3785 NW 1st Street
$73,000
● House - Off Market

3785 NW 1st Street

Okeechobee, FL 34972
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,328 Ft²
$110,210
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model

About This Property

Close to town, schools and shopping
Unit Size
1,328 Ft²
Days on Market
126 days
Land Size
0.29 acres
Price per sqft
$55
Property Type
House
Property Taxes
$96
HOA Dues
-
Year Built
1974

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 10 months ago (Beaches MLS #R10474760)

Price History

Date / Event Date Event Price
May 11, 2021 Sold
Premium
Sold
Feb 3, 2020 Sold
Premium
Sold
Mar 1, 2019 Sold
Premium
Sold
Oct 22, 2018 Listed by SAND CASTLE HOMES REALTY $73,000
Listed by SAND CASTLE HOMES REALTY

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 240
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,719
  • Total Building Area: 1,568
  • Gross Building Area: 1,568
  • Building Area: 1,328
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,328
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EL MIRASOL
  • Land Acres: 0000000292
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: EL MIRASOL (PLAT BOOK 2 PAGE 1) LOTS 18 & 19 BLOCK 51

Neighborhood

  • School District Name: Okeechobee County School District
  • Census Tract: 910202

Geography

  • Parcel: 1-18-37-35-0020-00510-0180
  • Block: 51
  • Lot: 18,19
  • Meridian: SEC 18 TWN 37S RNG 35E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.2446
  • Longitude: -80.8672

    Address

  • Full Address: 3785 Nw 1st St
  • Address - House Number: 3785
  • Street Direction: NW
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: R012
  • 4-Digit Zip Code: 2251
  • Zip Code: 34972

Valuation

    Tax

  • Total Area: 1,484
  • Tax Year: 2022
  • Tax Amount: $226,279
  • Tax Rate Code Area: 030

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 82,187
  • High Value: 118,088
  • Low Value: 46,285

    Market Valuation

  • Market Total Value: $155,934
  • Market Land Value: $10,000
  • Market Improvement Value: $145,934

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $155,934
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $145,934

    Sales

  • Current Sale Contract Date: May 11, 2021
  • Current Sale Recording Date: May 11, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021006019
  • Previous Sale Recording Date: Feb 03, 2020
  • Previous Sale Contract Date: Jan 31, 2020
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Okeechobee

Stats & Trends

Median Asking:

$337,900

Sale Price/ft²

$222

Below Asking

0.03%

Average Days on Market

79

Average Home Size

1570 ft²

Average Home Age

27.3 years

Currently For Sale

246 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3031 Nw 2nd Street, Okeechobee, FL, 34972

$1,850 /mo

  • 3 Beds
  • 1 Bath
  • 1,188 ft²
3031 Nw 2nd Street, Okeechobee, FL, 34972 Listing by Nathan D Berlin
Unit for rent at 2875 Nw 32nd Avenue, Okeechobee, FL, 34972

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,204 ft²
2875 Nw 32nd Avenue, Okeechobee, FL, 34972 Listing by Dayan D Jimenez

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Laura T Hepworth
SAND CASTLE HOMES REALTY
Last Updated: 10 months ago
Data Source: Beaches MLS, MLS# R10474760
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

Frequently Asked Questions

When was property at 3785 Northwest 1st Street built and last sold?
The property at 3785 Northwest 1st Street was built in 1974 and last sold on May 11, 2021 for $170,000.
How much is this home worth?
The estimated value of the home located at 3785 Northwest 1st Street is $0.
What are some comparable homes to 3785 Northwest 1st Street?
There are currently no comparable homes to 3785 Northwest 1st Street.
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